Economic Growth and Monetary Union

John Vickers

Working Papers from Warwick - Development Economics Research Centre

Abstract: This paper discusses possible links between monetary arrangements -in particular monetary union- and economic growth. It is stressed that growth depends ultimately on how the real economy works: there is no monetary magic that can conjure up growth. But monetary policy can contribute to conditions for sustainable growth by securing and maintaining price stability; monetary union might extend this.

Keywords: ECONOMIC GROWTH; MONETARY UNION (search for similar items in EconPapers)
JEL-codes: F33 O40 (search for similar items in EconPapers)
Pages: 23 pages
Date: 2000
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:fth:warwde:10

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